Press Releases - Regulating Co-operative Banking - ఆర్బిఐ - Reserve Bank of India
పత్రికా ప్రకటనలు
ఫిబ్ర 06, 2007
Reserve Bank Cancels the Licence of The Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat
In view of the fact that the Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on January 31, 2007 delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for w
In view of the fact that the Rajkot Mahila Nagrik Sahakari Bank Ltd., Rajkot, Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India, on January 31, 2007 delivered the order cancelling its licence to the bank. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for w
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ఫిబ్ర 05, 2007
Reserve Bank Cancels the Licence of The Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, Karnataka
In view of the fact that the Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 22, 2007. The Registrar of Co-operative Societies, Karna
In view of the fact that the Harugeri Urban Co-operative Credit Bank Ltd., Harugeri, (Karnataka) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank after the close of business on January 22, 2007. The Registrar of Co-operative Societies, Karna
జన 19, 2007
Ministry of Agriculture, Government of India signs MoU with RBI for Multi-State Urban Co-operative Banks
Ministry of Agriculture, Government of India and the Reserve Bank of India, on January 16, 2007, signed a Memorandum of Understanding (MoU) with regard to Multi State Urban Co-operative Banks in the country. Consequent upon this, a Central level Task Force on Multi State Urban Co-operative Banks (TAFCUB) has been constituted. Shri N.S.Vishwanathan, Chief General Manager-in-Charge, Reserve Bank of India, Urban Banks Department, Central Office, Mumbai is the Chairman of
Ministry of Agriculture, Government of India and the Reserve Bank of India, on January 16, 2007, signed a Memorandum of Understanding (MoU) with regard to Multi State Urban Co-operative Banks in the country. Consequent upon this, a Central level Task Force on Multi State Urban Co-operative Banks (TAFCUB) has been constituted. Shri N.S.Vishwanathan, Chief General Manager-in-Charge, Reserve Bank of India, Urban Banks Department, Central Office, Mumbai is the Chairman of
డిసెం 11, 2006
Reserve Bank Cancels the Licence of The Karamsad Urban Co-operative Bank Ltd., Karamsad (Gujarat)
In view of the fact that the Karamsad Urban Co-operative Bank Ltd., Karamsad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 09, 2006. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
In view of the fact that the Karamsad Urban Co-operative Bank Ltd., Karamsad Gujarat, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank on December 09, 2006. The Registrar of Co-operative Societies, Gujarat has also been requested to issue an order for wi
డిసెం 06, 2006
Reserve Bank Cancels the Licence of the Sindh Mercantile Co-op. Bank Ltd., Ahmedabad (Gujarat State)
In view of the fact that the Sindh Mercantile Co-op. Bank Ltd. (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 28, 2006. The Registrar of Co-operative Societies, Gujarat State has also been requested to
In view of the fact that the Sindh Mercantile Co-op. Bank Ltd. (Gujarat) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Gujarat had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 28, 2006. The Registrar of Co-operative Societies, Gujarat State has also been requested to
నవం 24, 2006
Reserve Bank Penalises Jamkhed Merchants Co-op.Bank Ltd., Jamkhed, Dist.Ahmednagar
The Reserve Bank of India has, in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (as applicable to co-operative societies) imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Dist. Ahmednagar for violation of the Reserve Bank of India’s directives dated October 1, 2003 prohibiting loans and advances to director
The Reserve Bank of India has, in exercise of powers vested in it under the provisions of Section 47A(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (as applicable to co-operative societies) imposed a monetary penalty of Rs.5.00 lakh (rupees five lakh only) on the Jamkhed Merchants Co-operative Bank Ltd., Jamkhed, Dist. Ahmednagar for violation of the Reserve Bank of India’s directives dated October 1, 2003 prohibiting loans and advances to director
నవం 22, 2006
Report of the Working Group to examine issues relating to augmenting capital of UCBs
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) Report of the and to identify alternate instruments / avenues for augmenting their capital funds.The feedback can also be faxed to 91-22-24974030. The Group has identified four new instruments to enable the UCBs to raise long term capital/quasi capital funds. These are: (i) Unsecured, subordinated, non-convertible redeemable debentures/bonds, (ii) Special shares which are non-voting in nature
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) Report of the and to identify alternate instruments / avenues for augmenting their capital funds.The feedback can also be faxed to 91-22-24974030. The Group has identified four new instruments to enable the UCBs to raise long term capital/quasi capital funds. These are: (i) Unsecured, subordinated, non-convertible redeemable debentures/bonds, (ii) Special shares which are non-voting in nature
నవం 21, 2006
Reserve Bank Cancels the Licence of The Urban Co-operative Bank Ltd., Dimapur (Nagaland)
In view of the fact that the Urban Co-operative Bank Ltd., Dimapur (Nagaland) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Nagaland had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 15, 2006. The Registrar of Co-operative Societies, Nagaland has also been requested to
In view of the fact that the Urban Co-operative Bank Ltd., Dimapur (Nagaland) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Nagaland had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order cancelling its licence to the bank after the close of business on November 15, 2006. The Registrar of Co-operative Societies, Nagaland has also been requested to
అక్టో 19, 2006
Reserve Bank Cancels the Licence of The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh
In view of the fact that the The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order, cancelling its licence to the bank after the close of business on October 17,2006. The Registrar of Co-
In view of the fact that the The Bharat Mercantile Co-operative Urban Bank Limited, Hyderabad (Andhra Pradesh) had ceased to be solvent, all efforts to revive it in close consultation with the Government of Andhra Pradesh had failed and the depositors of the bank were being inconvenienced by continued uncertainty, the Reserve Bank of India (RBI) delivered the order, cancelling its licence to the bank after the close of business on October 17,2006. The Registrar of Co-
సెప్టెం 30, 2006
The United Western Bank Ltd. branches to operate as Industrial Development Bank of India Ltd. branches from October 3, 2006
The Government of India has today sanctioned the Scheme for the amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The amalgamation will come into force on October 3, 2006. All the branches of The United Western Bank Ltd. will function as branches of Industrial Development Bank of India Ltd. with effect from this date. Customers, including depositors of The United Western Bank Ltd., will be able to operate their accounts as cus
The Government of India has today sanctioned the Scheme for the amalgamation of The United Western Bank Ltd. with Industrial Development Bank of India Ltd. The amalgamation will come into force on October 3, 2006. All the branches of The United Western Bank Ltd. will function as branches of Industrial Development Bank of India Ltd. with effect from this date. Customers, including depositors of The United Western Bank Ltd., will be able to operate their accounts as cus
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